2024 Revenue
$6.3M
Customers
120K
Funding
$0
YOY
44%
Avg ACV
$52
Team
46
Founded
2007
How Synel Americas CEO Thomas Krueger grew to $6.3M revenue and 120K customers in 2024.
Synel is a world leader in the development and production of data collection systems and solutions for workforce management of time & attendance, including access control and job costing. Synel's portfolio of products provides complete hardware and software solutions, including advanced biometric data capture devices with fingerprint scanning technology, facial recognition and more. Solutions are available for complex, multi-location enterprises and single-building facilities of all sizes. Synel's solutions provide on-line and real-time data collection for immediate access to information throughout an organization. Harness the ability to improve efficiency and effectiveness, reduce costs, and provide an innovative user experience while maintaining compliance.
Last updated
Synel Americas Revenue
In 2024, Synel Americas's revenue reached $6.3M. The company previously reported $4.4M in 2023. Since its launch in 2007, Synel Americas has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Synel Americas Hit $6.3m revenue in October 2024 | |
| 2023 | Synel Americas Hit $4.4m revenue in December 2023 | |
| 2021 | Synel Americas Hit $3.3m revenue in April 2021 | |
| 2007 | Launched with $0 revenue |
Synel Americas Valuation, Funding Rounds
Synel Americas is a bootstrapped Time & Attendance Software startup. Founded in 2007, Synel Americas has grown to $6.3M in revenue without raising any venture capital or outside funding.
As a self-funded Time & Attendance Software SaaS company, Synel Americas has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Synel Americas serves 120K customers.
Synel Americas Employees & Team Size
Synel Americas employs approximately 46 people as of 2026, up from 42 in 2023, including 8 sales reps that carry a quota. It serves 120K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 46 employees (December 2024) |
| 2024 | Reached 43 employees (October 2024) |
| 2023 | Reached 42 employees (December 2023) |
| 2022 | Reached 39 employees (December 2022) |
| 2021 | Reached 38 employees (December 2021) |
| 2021 | Reached 39 employees (April 2021) |
Frequently Asked Questions about Synel Americas
What is Synel Americas's revenue?
Synel Americas generates an estimated $6.3M in annual revenue.
Who founded Synel Americas?
Synel Americas was founded by Thomas Krueger.
Who is the CEO of Synel Americas?
The CEO of Synel Americas is Thomas Krueger.
How much funding does Synel Americas have?
Synel Americas is bootstrapped and has not raised outside funding.
How many employees does Synel Americas have?
Synel Americas has 46 employees.
Where is Synel Americas headquarters?
Synel Americas is headquartered in Scottsdale, Arizona, United States.
Compare Synel Americas to the industry
Synel Americas operates across multiple industries. Browse revenue, funding, and growth data for Synel Americas in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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